BatchNFTis updated with a serial number, it needs to be approved by a Toucan Verifier, a trusted member of the Toucan community. This step is required to protect against fraudulent inputs and is dependent on human action and trust, for now. However, there are ways to automate this process in the future, e.g. with a decentralized arbitration service like Kleros managing disputes, which we are exploring.
BatchNFTchanges to approved and is now a fully tokenized batch of carbon credits that can be sold on NFT marketplaces or used as collateral in DeFi lending markets 🥳